Screener
CDX vs HYBX
Simplify High Yield ETF vs TCW High Yield Bond ETF
Key differences
CDX is an alternative ETF, while HYBX is a fixed income ETF. CDX charges 0.25% a year and HYBX 0.50%.
- CDX is an alternative fund, while HYBX is a fixed income fund. They carry different risk/return profiles.
- CDX follows a multi strategy strategy; HYBX uses active selection.
- CDX covers North America; HYBX covers global markets excluding the US.
- CDX costs 0.25% less per year.
- CDX is much larger than HYBX. Larger funds are usually more liquid and less likely to close.
- HYBX has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CDX | HYBX | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.50% |
| Fund size (AUM) | $407M | $32M |
| Since | 2022 | 1993 |
| Dividend yield | 8.31% | 7.53% |
| Asset class | alternative | fixed income |
| Region | north america | global ex us |
| Strategy | multi strategy | active selection |
| CAGR 1Y | -1.7% | +5.3% |
| CAGR 3Y | +7.5% | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | 0.39 | N/A |
| Volatility 1Y | 5.74% | 6.64% |
| Max drawdown | -13.24% | -3.93% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.